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Insolvency Service Slaps a Company Director with a 9 Year Disqualification for Applying for and Getting a Bounce Back Loan When His Business Seemingly Was NOT Adversely Affected During the Pandemic

Having seen plenty of Insolvency cases that ended up with a Company Director being hit with a disqualification for wrongdoing associated with a Bounce Back Loan, today’s case is unusual in as much as it is the first time I have seen a disqualification handed out to a Director applying for and getting a BBL when his business was NOT adversely affected during the pandemic. […]

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Yet Another Santander £50k Bounce Back Loan Now Heading for the Government Guarantee as Another Company Director is Hit With a 6 Year Disqualification for Failing to Provide and Maintain and/or Preserve Adequate Account Records

Most banks are now well versed with the procedure for calling upon the Government Guarantee for a Bounce Back Loan when a LTD Company Director has taken the Insolvency route, as plenty of BBL’s have turned sour. Today’s case involves a £50k Santander BBL and a 6 year disqualification handed out by the Insolvency Service. […]

BBL Complaints and Outcomes

NatWest Took Seven Months to Open a Servicing Account Then Declined an SME a Bounce Back Loan Repeatedly – Upshot Is that Ben the Ombudsman Doesn’t Uphold the Complaint

As the clock ticks down to midnight tonight, whatever you have planned I wish you a Happy New Year and here’s hoping things get back to some form of normality for everyone in 2022. Today I present to you another Bounce Back Loan related Ombudsman complaint which was not upheld. […]